NEW YORK, May 4, 2020 /PRNewswire/ -- The law firm of
Squitieri & Fearon, LLP announces it is investigating a
potential shareholder action against the Board of Directors and
certain officers of Fifth Third Bancorp (NASDAQ: FITB) who
were derelict in their duties in allowing employees to corruptly
cross-sell services to Fifth Third's existing account holders by
signing them up for costly and unwanted additional
services.
Fifth Third's officers and managers were rewarded with bonuses
for such illegal cross-selling. This conduct appears to have
started as early as 2008 and continued through at least 2016,
despite the fact that by 2010 Fifth Third's "whistleblower" line
had logged numerous complaints and credible reports of corrupt
practices.
If you are a shareholder of Fifth Third please visit
www.sfclasslaw.com/Fifth/ or contact Stephen J. Fearon, Jr. at Squitieri &
Fearon, LLP, 32 East 57th Street, 12th Floor,
New York, New York 10022,
Telephone (914) 522-7538, email: stephen@sfclasslaw.com to learn
more about your legal rights.
Squitieri & Fearon, LLP pursues large, complex lawsuits,
including class actions, for investors who have lost money on their
investments. The attorneys at Squitieri & Fearon, LLP
have served as lead counsel in large class actions throughout the
country.
Contact:
SQUITIERI & FEARON, LLP
Stephen J. Fearon, Jr.
32 East 57th Street
12th Floor
New York, New York 10022
Telephone: (914) 522-7538
Email: stephen@sfclasslaw.com
Website: www.sfclasslaw.com/Fifth/
Attorney Advertising. Past results do not guarantee future
outcomes.
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SOURCE Squitieri & Fearon, LLP